Africa: Matches Market 2024

Matches Market Size in Africa

The African matches market was estimated at $X in 2023, almost unchanged from the previous year. In general, consumption, however, saw a noticeable curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Matches Production in Africa

In value terms, matches production reached $X in 2023 estimated in export price. Over the period under review, production, however, saw a perceptible reduction. The growth pace was the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Matches Exports

Exports in Africa

In 2023, approx. X tons of matches were exported in Africa; picking up by X% compared with the previous year's figure. Total exports indicated a mild expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, matches exports stood at $X in 2023. Overall, exports, however, continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

Kenya was the main exporter of matches in Africa, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. It was distantly followed by South Africa (X tons), achieving a X% share of total exports. Uganda (X tons), Rwanda (X tons) and Togo (X tons) held a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kenya (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X), South Africa ($X) and Uganda ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Among the main exporting countries, Kenya, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2023, standing approx. at the previous year. Over the period under review, the export price, however, recorded a perceptible reduction. The growth pace was the most rapid in 2022 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uganda (X%), while the other leaders experienced mixed trends in the export price figures.

Matches Imports

Imports in Africa

In 2023, the amount of matches imported in Africa expanded remarkably to X tons, growing by X% compared with 2022 figures. In general, imports, however, saw a slight decline. The growth pace was the most rapid in 2020 with an increase of X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, matches imports expanded to $X in 2023. Overall, imports, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of matches imports in 2023 were Nigeria (X tons), Tanzania (X tons), Ghana (X tons), Benin (X tons), Sudan (X tons), Angola (X tons), Democratic Republic of the Congo (X tons), Zimbabwe (X tons), South Africa (X tons), Mozambique (X tons), Zambia (X tons) and Rwanda (X tons), together reaching X% of total import. Togo (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for South Africa (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Tanzania ($X) and Sudan ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports. Angola, Democratic Republic of the Congo, Ghana, Mozambique, Rwanda, Benin, Zimbabwe, Togo, South Africa and Zambia lagged somewhat behind, together comprising a further X%.

Benin, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tanzania ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Togo (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform